2015-05-14T16:18:27-05:00 2014-06-30 581763439 WINDHAM BRANNON PC 3630 PEACHTREE RD NE SUITE 600 ATLANTA GA 30326 990 2013-07-01 582410129 THE SWIFT LEARNING CENTER INC SWIF 6782054988 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 PAUL FOLTZ BUSINESS MANAGER 6782054988 2015-05-14 1 DEBORAH L PRIEST CPA P00148240 4048982000 2015-05-14 2013 2016-02-25 16:41:14Z THE SWIFT SCHOOL INC PAUL FOLTZ 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 6410978 0 X WWW.THESWIFTSCHOOL.ORG X X 1998 GA TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS. 11 11 97 200 0 0 169095 196105 5100863 6091114 14845 14455 23897 49300 5308700 6350974 0 0 0 0 3827763 3818343 0 0 13492 1169472 1463620 4997235 5281963 311465 1069011 8241809 9574670 6073002 6336852 2168807 3237818 TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPMENT STUDENT TALENTS. 0 0 3844057 6091114 EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION. 3844057 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 97 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 GA X PAUL FOLTZ 6782054988 300 GRIMES BRIDGE RD ROSWELL GA 30075 BOB GRAY TRUSTEE 1.00 X 0 0 0 LAURA GREEN VICE CHAIRMAN 3.00 X X 0 0 0 PETER WILLIAMS TREASURER 4.00 X X 0 0 0 RICHARD PHILLIPS CHAIRMAN 8.00 X X 0 0 0 JASON BUTLER TRUSTEE 1.00 X 0 0 0 PAUL COHEN TRUSTEE 1.00 X 0 0 0 GAIL FLANIGAN TRUSTEE 1.00 X 0 0 0 GREGORY HILL TRUSTEE 1.00 X 0 0 0 JEFFERY KUDLATA SECRETARY 3.00 X X 0 0 0 LAURA RIES TRUSTEE 1.00 X 0 0 0 PAUL SCHUR TRUSTEE 1.00 X 0 0 0 RICHARD WENDLEK EXEC DIRECTOR 55.00 X 226270 0 0 226270 0 0 1 0 1 0 0 6875 25567 163663 21545 196105 TUITION & FEES 611600 6091114 6091114 6091114 14455 14455 109304 25567 60004 49300 49300 6350974 6091114 0 63755 491788 335979 155809 3057437 2088776 968661 269118 215259 53859 108385 58309 50076 34100 34100 17951 13767 4184 130195 97946 32249 236664 196431 40233 49839 49839 SCHOOL SUPPLIES & ACTIV 565518 525058 26968 13492 TELEPHONE & UTILITIES 76604 53346 23258 JANITORIAL 62328 46746 15582 MAINTENANCE 59999 36532 23467 122037 91969 30068 5281963 3844057 1424414 13492 3938224 4923304 5468 64225 33396 46127 5714587 1199812 4234733 4514775 29988 26239 8241809 9574670 309442 189167 2387796 2917710 2591560 2495666 784204 734309 6073002 6336852 X 2153807 3222818 15000 15000 2168807 3237818 8241809 9574670 1069011 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 640000 640000 3101497 536801 2564696 1474330 381209 1093121 375080 234865 140215 123680 46937 76743 4514775 DEFERRED COMPENSATION 734309 734309 6390433 39459 39459 6350974 0 6350974 5321422 39459 39459 5281963 0 5281963 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECORDED ON REVENUE STATEMENT 39,459. FAIR MARKET VALUE OF PROPERTY DONATIONS 20,545. PROPERTY DONATIONS SOLD IN SPECIAL EVENT -20,545. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECORDED ON REVENUE STATEMENT 39,459. FIN 48 STATEMENT: THE SCHOOL OPERATES AS A 501(C)(3) NOT-FOR-PROFIT ENTITY AND THEREFORE THERE IS NO PROVISION FOR INCOME TAXES. MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKEHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE SCHOOL'S STATUS AS A NOT-FOR-PROFIT ENTITY AS A 501(C)(3). MANAGEMENT BELIEVES THAT THE SCHOOL MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT. SPRING GALA 80621 25567 55054 29096 BOWLING/EVENTS 10018 10018 9766 4 44232 44232 21142 134871 25567 109304 60004 60004 49300 0 0 0 0 0 0 0 0 0 RICHARD WENDLEK EXEC DIRECTOR 226270 0 0 0 0 0 0 0 0 0 226270 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED WITH THE CPA FIRM BY THE SCHOOL'S TREASURER, FINANCE COMMITTEE, HEAD OF SCHOOL AND BUSINESS MANAGER. THE STATEMENTS ARE AGAIN REVIEWED BEFORE AND BY THE ENTIRE BOARD OF TRUSTEES AT A REGULAR SCHEDULED FALL MEETING OF THE BOARD. UPON APPROVAL OF THE FINANCIAL STATEMENTS, THE BUSINESS MANAGER INITIATES THE PROCESS TO ENGAGE THE AUDITING FIRM TO BEGIN PREPARATION OF THE 990. THE COMPLETED FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, TREASURER AND HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ROUTINELLY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIP ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, ALONG WITH ANY OTHER OFFICIAL DOCUMENTS, IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OFFICE OR ADVANCEMENT OFFICE. FORM 990 PART XII - LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS REGARDING ITS INDEPENDENT AUDITORS.